Remember what people said about the jobs report?
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  Remember what people said about the jobs report?
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Author Topic: Remember what people said about the jobs report?  (Read 437 times)
old timey villain
cope1989
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« on: September 10, 2012, 04:51:06 PM »

They said a bad jobs report would squash any potential for an Obama bounce after the convention.  The jobs report wasn't that good, yet he's still getting a good bounce. What happened?
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H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
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« Reply #1 on: September 10, 2012, 04:55:59 PM »

They were wrong.

People didn't pay much attention to the jobs report.
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NHI
Junior Chimp
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« Reply #2 on: September 10, 2012, 05:03:23 PM »

People will see the drop in unemployment (8.3 to 8.1%) as a good thing. The real story is behind the numbers is very discouraging, but people generally don't focus on it.
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Wisconsin+17
Ben Kenobi
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« Reply #3 on: September 10, 2012, 09:08:04 PM »

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This. Romney should be talking about how the economic picture today, especially for young people is the same as it was in 1982 and 1983. All the gains made over the past 30 years have been squandered in the past 12.

The difference between today and 1982 is that public debt back then was about 60 percent. Public debt now is double this figure. Where is the money going to come from if the baby boomer's children are living the same life as the boomers did from way back when, but are paying back twice the debt?

People are going to get crushed. Absolutely crushed.

We are going to see 1950's standard of living pretty soon. Wife at home with the kids, married, own a small house together, etc. Those are going to be the only people to prosper.

Another 4 years from Obama and we'll see workforce participation right back to the postwar years. Absolutely phenomenal achievement by Obama in just 4+ years.
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Beet
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« Reply #4 on: September 10, 2012, 09:20:09 PM »

In 1982, total credit market debt to GDP was 170 percent, hardly changed from the 130-140 percent level of the 1950s. By the start of 2009, it was 385 percent, thanks to the deregulatory policies and an excessive faith in markets that form the basis of the Romney campaign. This spring it was down to 350 percent, but still way higher than the early Reagan administration.

People are going to get crushed under austerity and more trickle-down economics. Bottom-up prosperity and we're-all-in-this-together policymaking is our only hope.
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
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« Reply #5 on: September 11, 2012, 12:18:47 AM »

People noticed when Bill Clinton pointed out how many more private sector jobs are created under Democratic Presidents.
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